I'm about so close on my first investment property and I'm exploring my renovation options. I've painted rooms using rollers and crushes before and it's definitely not my favorite activity. I've been looking into gett...
With your units that have carpet, do you charge the cost of professional cleaning back to the tenant from their security deposit? Or is that just standard turnover costs that you assume? Wasn't sure how to approach th...
I'm trying to run the number on my first STR and I dont want to miss out on any expenses. I have the main expenses like mortgage, taxes, insurance, utilities, repairs/ maintenance and cap ex. Is there anything else I ...
Anyone have a good MTR furnished rental agreement they would be willing to share?I have one I have drafted up but would love to compare against others.What are some items you always included in your MTR rental agreeme...
I am working on a business plan and trying to get everything in order. I quit my job about 10 months ago to focus on our rentals we have about 175. I have a couple employees which I pay them under our construction p...
Hi BP Family,I want to ask what your favorite wall paint color and finish (flat, satin, etc.) are for your rentals. Or if you have a bad color or brand that failed miserably, please do tell.I have always painted my pr...
From my understanding, if the landlord wishes to deduct any amount from a security deposit after a tenant moves out, the landlord must provide an itemized return letter with receipts for each reported issue.If a major...
I am trying to stay away from buying properties with carpeting.Does that make sense?I will take it into account if the deal is good, but my mind set is that carpet will cost me money every time the unit is turned over...
We were told we have mold in our basement and got 1 quote for mold remediation and it came back at $5,500. This included labor and material. I will add the quote to the post below. Has anyone gone through removing mol...
One of my tenants overpaid their rent (by 14%, not just a few bucks). I know why (they mistakenly thought they had to pay for something that I had agreed to cover). It's their money, I'm giving it back...my question...